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(Megrisoft) Megrisoft complete technical analysis [charts+indicators] | Buy/Sell Megrisoft | (Megrisoft) share price targets

Complete technical analysis of Megrisoft (Megrisoft) by charts plus indicators, forecast predictions and share price targets for Megrisoft (Megrisoft)

Showing technical analysis as on 2024-06-11 View latest technical analysis

10 day averaged volume of Megrisoft is 460

Date Daily Closing Price Open High Low Volume
11 Tue Jun 2024 130.35 133.50 133.50 121.40 0.615 times
10 Mon Jun 2024 127.75 133.00 133.00 120.65 0.533 times
07 Fri Jun 2024 127.00 130.00 130.00 125.75 0.715 times
06 Thu Jun 2024 130.00 131.75 131.75 124.00 0.07 times
05 Wed Jun 2024 125.50 135.00 135.00 125.45 0.337 times
04 Tue Jun 2024 132.00 135.00 135.00 132.00 0.096 times
03 Mon Jun 2024 129.00 123.30 135.00 123.30 0.82 times
31 Fri May 2024 129.75 131.00 131.00 123.00 0.109 times
30 Thu May 2024 128.95 129.25 131.00 122.80 1.696 times
29 Wed May 2024 129.25 123.00 131.00 123.00 1.463 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 129.9, but if it comes below 129.9, then a intra day sell could be more profitable.
If you take a sell trade below 129.9, then use 129.9 as stoploss and 128.11 as target. However if you take a buy trade in stock , then use 129.9 as stoploss and 132 as target.

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 73.70
Downside Target 84.70
Downside Target 96.35
Downside Target 113.00
Downside Target 116.00
Downside Target 120.65
Upside Target 133.50
Upside Target 135.00
Upside Target 135.10
Upside Target 135.95
Upside Target 141.45
Upside Target 177.95

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 122.83
Downside Intraday Target 115.32
Upside Intraday Target 135.68
Upside Intraday Target 141.02
Downside Intraday Target 128.17

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
11 Tue Jun 2024 130.35 133.00 133.50 120.65 0.564 times
07 Fri Jun 2024 127.00 123.30 135.00 123.30 0.198 times
31 Fri May 2024 129.75 135.10 135.10 122.80 1.675 times
24 Fri May 2024 128.70 125.95 135.95 120.85 0.832 times
18 Sat May 2024 127.20 131.00 134.00 116.00 0.701 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Megrisoft (Megrisoft)

Date Monthly Closing Price Open High Low Volume
11 Tue Jun 2024 130.35 123.30 135.00 120.65 0.074 times
31 Fri May 2024 129.75 141.45 141.45 116.00 0.183 times
30 Tue Apr 2024 141.45 104.90 177.95 96.35 7.677 times
28 Thu Mar 2024 101.90 101.90 113.00 73.70 0.125 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Megrisoft (Megrisoft)

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Megrisoft in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Megrisoft Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Megrisoft in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Megrisoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 128.73 and Megrisoft (Megrisoft) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.

Megrisoft Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Megrisoft in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Megrisoft Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Megrisoft in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Megrisoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 128.73 and Megrisoft (Megrisoft) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.

Megrisoft Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Megrisoft charts

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Daily charts

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